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  • Global ecommerce startup Floship bags US$3.5 million funding round

    Global ecommerce startup Floship bags US$3.5 million funding round

    VC News Network
    December 16, 2016

    Floship Global e-commerce raises a US$3.5 million funding round. The company plans to use the investment to accelerate technology development and serve more customers on a wider variety of e-commerce platforms.

  • EVISU buys back rights to China retail and franchise at US$40 million

    EVISU buys back rights to China retail and franchise at US$40 million

    VC News Network
    December 15, 2016

    EVISU Group Limited, a Japanese high-end denim brand, has announced today that it has bought back the retail and franchise rights for the Chinese market at a price tag of US$40 million.

  • Global Brain launches US$175 million sixth fund

    Global Brain launches US$175 million sixth fund

    VC News Network
    December 15, 2016

    At the annual Global Brain Alliance Forum, founder and CEO Yasuhiko Yurimoto has announced the creation of a sixth fund to be valued at Us$175 million. The fund made its first close at US$130 million,…

  • Malaysian PE firm Creador closes Fund III at US$ 415 million

    Malaysian PE firm Creador closes Fund III at US$ 415 million

    VC News Network
    December 15, 2016

    Malaysian private equity firm, Creador closes Fund III at US$ 415 million, that is US$ 35 million short from its initial targeted US$ 450 million.

  • Japan space entertainment startup ALE raises US$ 6 million from angel investors

    Japan space entertainment startup ALE raises US$ 6 million from angel investors

    VC News Network
    December 14, 2016

    A startup firm in Japan, ALE that aims to paint the sky with artificial meteors and shooting stars through a project called Sky Canvas is now a step closer with US$ 6 million funding to…

  • Maverick capital-backed e-pharmacy 1mg buys MediAngels, making its second acquisition of the year

    Maverick capital-backed e-pharmacy 1mg buys MediAngels, making its second acquisition of the year

    VC News Network
    December 14, 2016

    1mg Technologies acquired MediAngels for an undisclosed amount in cash and stocks to enter specialty doctor consultations, corporate health services and insurance partnerships.

  • Triip.me forms partnership with Booking.com to create unique local tour and hotel lodging experience

    Triip.me forms partnership with Booking.com to create unique local tour and hotel lodging experience

    VC News Network
    December 14, 2016

    Gobi-backed Triip partners with Booking.com has formed a strategic partnership to provide an authentic local experience offerings which will give traditional lodging’s a competitive edge.

  • Singapore-based Rewardz secures US$2.1 million strategic investment from Japan’s Benefit One for expansion plan

    Singapore-based Rewardz secures US$2.1 million strategic investment from Japan’s Benefit One for expansion plan

    VC News Network
    December 14, 2016

    A Singapore-based startup, Rewardz managed to raise US$2 million from Japan’s Benefit One. The fund will be used to fuel profitability and a possible market expansion plan into Japan.

  • Three VC firms to launch US$375 million Biomedical Translation Fund

    Three VC firms to launch US$375 million Biomedical Translation Fund

    VC News Network
    December 13, 2016

    The Australian government has selected three venture capital (VC) fund managers, namely Brandon Capital Partners, OneVentures Management and BioScience Managers to manage its A$500 million (about US$375 million) Biomedical Translation Fund which is aimed to…

  • China Merchants VC leads funding round in tech media platform 36Kr.com

    China Merchants VC leads funding round in tech media platform 36Kr.com

    VC News Network
    December 13, 2016

    Technology media platform and startup services provider 36Kr has received around RMB100 million ($14 million) strategic investment in a new funding round led by China Merchants Venture Capital Management.

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